You may also choose to start (or continue) your search for a financial advisor by using digital tools. That could mean checking to see if your employer offers consultations with a financial planner as part of its employee benefits.
Who can call themselves a financial advisor?
There’s no federal law that regulates who can call themselves a financial advisor or provide financial advice. While many people call themselves financial advisors, not all have your best interest at heart. That’s why you have to carefully evaluate potential financial advisors and make sure they are good for you and your money.
What does a financial advisor do?
A financial advisor is a professional who is paid to offer financial advice to clients. Just as you would hire an architect to create a plan for your home, you hire a financial advisor to create a plan for your finances. It’s all about paying someone for the expertise you need to reach specific goals. In this case, a brighter financial future.
